HDFC Bank
Search results
8 hours ago · New Delhi: The National Payments Corporation of India (NPCI) has released its latest update on Unified Payments Interface (UPI) transactions for May, June 1. UPI transaction volume soared by 14.04 billion in May, as per the NPCI. This marked a notable increase from 13.30 billion transactions recorded in the previous month.
3 days ago · Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
- National Payments Corporation of India
1 day ago · Data shared by the National Payments Corporation of India (NPCI) on Saturday said that the May figures were 49 per cent up in volume and 39 per cent up in value compared to the same month in 2023 In May, Aadhaar Enabled Payment System (AePS) was down 4 per cent to 90 million compared to 95 million in April.
1 day ago · Unified Payments Interface or UPI, developed by National Payments Corporation of India (NPCI), has been a runaway success and is already operational in some countries, including Singapore and the UAE. UPI is an instant real-time payment system developed by NPCI that facilitates inter-bank transactions.
2 days ago · National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market. It provides an electronic payment facility to customer to make the payments at national, state and city toll plazas by identifying the vehicle uniquely through a FASTag.
18 hours ago · The Unified Payments Interface (UPI) processed a record 14.04 billion transactions in May. This is up from 13.3 billion in April, according to data released by the National Payments Corporation of ...
People also ask
How does NPCI notify payment providers of UPI compliance?
Will NPCI link Indian and US banks for real-time payment service?
Will India's NPCI ink deal boost cross-border payments?
Will Russia & India accept RuPay & Mir payment systems?
5 days ago · In 2016, the National Payments Corporation of India (NPCI) embarked on a mission to transform the country’s payment systems. NPCI developed the UPI, a comprehensive architecture framework with standardised Application Programming Interface (API) specifications, designed to streamline and facilitate online payments.
